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Calm Before the Storm: Apr 26, 2017

After a furious VIX-inspired rally the past two days, futures are dead flat. VIX’s continuing slump (-1.4%), USDJPY’s continuing ramp (+0.32%) and WTI’s continuing threat to break its SMA200 (-1.0%) seem to have perfectly balanced one another out.Depending on whom you ask, Trump’s tax plan due out later today will either provide a nice spark for a continuing rally or lead to massive disappointment.